Chan, Hei Sing; Li, Shanjun; Zhang, Fan - In: Energy Policy 63 (2013) C, pp. 1056-1064
The European Union Emissions Trading Scheme is the first international cap-and-trade program for CO2 and the largest carbon pricing regime in the world. A principle concern over the Emissions Trading Scheme is the potential impact on the competitiveness of industry. Using a panel of 5873 firms...